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Crude Oil Extraction
US
updated 6 months ago

Extraction Oil & Gas, Inc.

Company website

Extraction Oil & Gas, Inc., commonly referred to as Extraction, is a prominent player in the US oil and gas industry, headquartered in Denver, Colorado. Founded in 2012, the company has rapidly established itself in the Denver-Julesburg Basin, focusing on the exploration and production of oil and natural gas. Extraction is known for its innovative approach to resource extraction, employing advanced technologies to enhance efficiency and minimise environmental impact. The company’s core services include drilling, completion, and production operations, which are distinguished by their commitment to sustainability and operational excellence. With a strong market position, Extraction has achieved significant milestones, including successful drilling programmes and strategic partnerships that bolster its growth. As a leader in the energy sector, Extraction Oil & Gas continues to shape the future of responsible energy production in the United States.

DitchCarbon Score

How does Extraction Oil & Gas, Inc.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

10

Industry Average

Mean score of companies in the Crude Oil Extraction industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

7

Industry Benchmark

Extraction Oil & Gas, Inc.'s score of 10 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.

47%

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Extraction Oil & Gas, Inc.'s reported carbon emissions

Inherited from Civitas Resources, Inc.

Extraction Oil & Gas, Inc., headquartered in the US, currently does not have specific carbon emissions data available for recent years, as indicated by the absence of emissions figures in kg CO2e. The company is a current subsidiary of Civitas Resources, Inc., which may influence its climate commitments and emissions reporting. As of now, Extraction Oil & Gas, Inc. has not established any documented reduction targets or climate pledges. The lack of specific initiatives or commitments suggests that the company may still be in the early stages of developing a comprehensive climate strategy. Given the context of the industry, it is essential for Extraction Oil & Gas, Inc. to align with broader climate goals and consider adopting science-based targets to mitigate its carbon footprint. The absence of emissions data and reduction initiatives highlights an opportunity for the company to enhance its sustainability efforts and transparency in reporting.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2020202120222023
Scope 1
1,200,551,000
0,000,000,000
0,000,000,000
0,000,000,000
Scope 2
67,564,000
00,000,000
00,000,000
000,000,000
Scope 3
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Extraction Oil & Gas, Inc.'s primary industry is Crude petroleum and services related to crude oil extraction, excluding surveying, which is very high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Extraction Oil & Gas, Inc. is in US, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Extraction Oil & Gas, Inc. is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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